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20121205
20121205
STATION
MSNBCW 5
CSPAN2 3
CSPAN 1
LANGUAGE
Search Results 0 to 8 of about 9 (some duplicates have been removed)
MSNBC
Dec 4, 2012 4:00pm PST
there will be no deal to avert the so-called fiscal cliff without the rich paying a higher tax rate. got it? higher rate. in this interview on bloomberg tv, he made it. let's listen. >> the issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms in entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up, and we're not going to be able to get a deal without it. >> there you heard it again, top rates have to go up, and rates. and some republicans are saying that the gop will ultimately say uncle. conservative columnist byron york, a very smart guy, wrote, quote, republicans will cave on the question of raising the tax rate for the highest income americans. the only question is whether they do so before or after the government goes over the so-called fiscal cliff. "new york times" columnist david brooks describes it this way. republicans will be raising middle class taxes in order to serve the rich. shafting sam's club to b
CSPAN
Dec 4, 2012 8:00pm EST
of the fiscal cliff which effects rates that will apply next year. the patch applies for returns we file early next year. if there is no congressional action, there is an abrupt increase in tax on the 2012 taxable year. in 2011, approximately 4 million people paid the amt. if there is not a patch, 30 million people will be required to pay the amt in 2012, and they will pay an additional $90 billion in tax. very few of them have any idea this is on the table. host: is the irs prepared? guest: the irs is fairly unusual, but in a correct position, that congress will do the responsible thing -- they took the position that congress will do the responsible thing. they assumed congress will enact a package before the end of the year, and i think that was the reasonable thing to do because i believe they will do that. however, it does mean if there is not a patch of the tax return filing season next year will be quite chaotic. >> you can see all of that interview at c-span.org. we are live at the reward dinner. is this year's recipient. we will hear from paul ryan, last year's winner. >> he took the t
MSNBC
Dec 4, 2012 8:00pm PST
on the fiscal cliff before the end of the year? text a for yes, text b for no. you can go to our blog and leave a comment. we encourage that. we'll bring results later on in the show. >>> coming up, more of my interview with nancy pelosi. and the republicans so-called fiscal cliff compromise. stay tuned. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] break from the holiday stress. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> elizabeth warren is close to locking up a spot on the banking committee. sherrod brown of ohio on what it means for consumers. >>> and later senator john kerry takes on republ
MSNBC
Dec 5, 2012 12:00am PST
your cell phones out. tonight's question, can both parties reach an agreement on the fiscal cliff before the end of the year? text a for yes, text b for no. you can go to our blog and leave a comment. we encourage that. we'll bring results later on in the show. >>> coming up, more of my interview with nancy pelosi. and the republicans so-called fiscomisal stay tuned. new prilosec otc wildberry is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. >>> elizabeth warren is close to locking up a spot on the banking committee. sherrod brown of ohio on what it means for consumers. >>> and later senator john kerry takes on republicans for vo
CSPAN
Dec 4, 2012 8:00pm EST
, you are, i think, correct in the second piece of the fiscal cliff. that is the tax rates that will apply next year. arguably, you don't have to take action this year, you have the whole of next year during which you can reach resolution to that issue. now, the only reason why i think that's an extraordinarily bad idea is i think it would be viewed quite unfavorably by the financial markets. and so you could see a reaction. and it is really bad tax policy to be legislating in the middle of the tax year on the basic structure of the income tax for that year. >> host: we'll go to jeff in tampa, florida, independent caller. >> caller: good morning, how you doing? >> host: good morning, sir. >> caller: yes, i have a question for mr. buckley, and this is more -- it may be a little generic, but something that a couple of my friends and i have talked about and just trying a basic understanding of. instead of having an income tax, has there ever been any discussion about having a national or a federal sales tax to help offset so this way everyone from the rich to the poor, everyon
CSPAN
Dec 5, 2012 12:00pm EST
the fiscal cliff, which could make it even worse. so we need to do all we can to ensure that our workers and our farmers have access to the 95% of consumers who live outside of our borders. that adds jobs. and when companies consider whether they're going to get into the export business or not which, again, creates opportunity here, they want to know are they going to be treated with certainty, predictability, with fairness in the marketplace. exporters need to know that the country doesn't play by the rules, that country will then face consequences. and those consequences really is what the world trade organization is all about. that's why this discussion is so important, because by today or tomorrow voting to authorize permanent normal trade relations with russia, we then can take advantage of the world trade organization rules as they relate to russia and our trade with them. russia joined the w.t.o. on august 22, and the united states was a big part of that accession we were talking for 18 years with russia to ensure they would go along with certain fair provisions on trade. we need
CSPAN
Dec 4, 2012 11:00pm EST
with the people. i think the fiscal cliff is a big red herring to get rid of social programs. i also heard that your district has assured his life span in the country for women the highest infant mortality rate for children. and per-capita people without health insurance and mississippi is ahead of us. that is three were leading the country. if the people want to see you and the republican party want to take the country look at your district. >> i would be delighted. 14,000 farms and ranches to tremendous military installations by colleges and universities, "underdogs" and indian tribes and the best college football team in america up. i would argue with your statistics but i do think i broadly reflect what people in my district thing. i won with 60% of the vote for guys say the same thing today as the town meeting. saying that that the ryan budget gets rid of the social programs it is about saving them. medicare and medicaid all have to be structurally reform if the president list assume he gets every tax position it would not come close to solve the budgetary problem to protect 98% of th
Search Results 0 to 8 of about 9 (some duplicates have been removed)